- Bullish MASK’s price prediction ranges from $3.48 to $6.52.
- Analysis suggests that the MASK may also reach $11.95 this year.
- MASK’s bearish market price prediction for 2024 is $0.9752.
Once a rising star in the crypto universe, Mask Network (MASK) reached an all-time high of $97.92 in February 2021, fueled by the explosive crypto bull market. But as quickly as it climbed, MASK began a descent, shedding over 96% of its value to settle near $3.5 by October 2024.
The journey, however, hasn’t been without hope. In October 2022, MASK hit rock bottom at $0.9752, only to stage a moderate recovery, even posting a surprising 50% surge in recent weeks. Investors who once dreamed of triple-digit highs are now watching closely, hopeful for a return to former glory but wary of MASK’s history of volatility and downward trends.
Could this recent surge signal a turning point, or will MASK remain a shadow of its past highs? As 2030 approaches, the ultimate question lingers: can MASK defy the odds and climb back to $100? Let’s find out.
Table of contents
- What is Mask Network (MASK)?
- MASK Current Market Status
- Mask Network (MASK) Price Analysis
- Mask Network (MASK) Price Prediction 2024
- Mask Network (MASK) Price Prediction 2025
- Mask Network (MASK) Price Prediction 2026
- Mask Network (MASK) Price Prediction 2027
- Mask Network (MASK) Price Prediction 2028
- Mask Network (MASK) Price Prediction 2029
- Mask Network (MASK) Price Prediction 2030
- Mask Network (MASK) Price Prediction 2040
- FAQs
What is Mask Network (MASK)?
Imagine a world where you can explore the vast universe of Web3 without leaving the social media platforms you already know and love. Mask Network (MASK) is a browser extension that merges the familiar environment of traditional social media with the futuristic features of Web 3.0.
Launched to empower users with privacy and decentralization, Mask Network allows you to connect your wallet, share encrypted posts, display NFTs, and even buy crypto assets directly with fiat in over 60 countries—all from the comfort of platforms like Twitter and Facebook.
Through MaskID, a multi-chain wallet and login system, Mask Network provides seamless access to decentralized applications (dApps) like Uniswap and Gitcoin, blending Web2 and Web3 interactions effortlessly. Notably, the $MASK token fuels this ecosystem, governing the MaskDAO and powering transactions across the network.
MASK Current Market Status
The MASK token displayed a notable price shift from a stable period through October, where it fluctuated between $2.25 and $2.50. As shown in the 7-day chart, MASK traded around $2.24 on October 25, maintaining low volatility until a sudden spike on October 30, pushing the price sharply to $3.48.
The 1-month chart highlights this movement as the largest in recent weeks, with MASK moving from $2.36 at the beginning of October to the peak of $3.48 by the end of the month. Accompanying this price increase, MASK’s market cap rose by 13.68% within the last day, reaching $348.21 million.
In terms of trading volume, MASK recorded $472.63 million over 24 hours, a decrease of 28.06% compared to prior periods but still reflecting active trading amidst the price increase. The TradingView chart further illustrates the price surge, with the breakout on October 30 leading to a 60% uptick, surpassing the recent consolidation range.
This rally lifted MASK above the resistance level established throughout the preceding months, as shown in the TradingView breakout visualization, marking the highest point reached since early October.
Mask Network (MASK) Price Analysis
The technical indicators are flashing green for Mask Network, with current sentiment sitting in bullish territory. Meanwhile, the Fear & Greed Index reveals a score of 69, signaling “Greed” among investors. In the past 30 days, MASK has marked 14 green days out of 30 (47%) and maintained a price volatility of 6.42%, showing consistent upward movement.
This optimistic trajectory suggests strong momentum building within the MASK market. With such a steady streak of green days and rising investor confidence, MASK seems poised for potential growth. Yet, the real question lies in the key resistance and support levels ahead.
Consequently, Coin Edition dives into a detailed analysis of MASK’s price dynamics, offering insights into these critical levels based on market trends and technical data.
Mask Network (MASK) Price Analysis – Bollinger Bands
Mask Network’s recent price action indicates a potential pullback after hitting overbought levels on the weekly chart, as shown by the Bollinger Bands indicator. The price has surpassed the upper band at $2.94, signaling a possible short-term correction back to the middle band at $2.287, which serves as a key support level.
Traders should watch for a retracement to this area, though a decisive persistence above the upper band could suggest further upward momentum.
Mask Network (MASK) Price Analysis – Relative Strength Index
The RSI on Mask Network’s weekly chart shows increased bullish momentum with a current reading of 61.42, suggesting further upward movement. Positioned below the overbought threshold of 70, the RSI indicates room for continued gains, potentially driving MASK towards the $5.29 resistance level.
However, traders should be cautious if the RSI approaches overbought territory, as this could trigger a price correction, possibly bringing the asset back toward support around the $1.02 level.
Mask Network (MASK) Price Analysis – Moving Average Convergence Divergence
The weekly MACD indicator signals increasing bullish momentum, with the MACD line crossing above the Signal line, suggesting a potential upward trend continuation. The positive histogram further supports this sentiment, indicating strengthening buying pressure.
If this momentum holds, Mask Network could target higher resistance levels around $11.95, in line with 23.60% Fibonacci retracement zone. However, traders should remain alert for any weakening in the histogram or a reversal in the MACD line, which may indicate a slowdown or potential consolidation phase.
Mask Network (MASK) Price Prediction 2024
MASK’s weekly DMI indicator suggests strengthening bullish momentum, as the +DI line at 28.6106 has crossed above the -DI at 15.8446, indicating increased buying pressure. With an ADX reading of 21.6184 and rising, the DMI indicates a defined and strengthening trend, suggesting that bullish momentum may persist in the near term.
Given the current market conditions and bullish indicators, MASK cryptocurrency shows potential to surpass its yearly high of $6.52, possibly reaching the $11.95 threshold by year-end. However, should market sentiment shift, MASK could face a correction, with potential support levels around $1.02, or even a retest of its all-time low at $0.9752.
Mask Network (MASK) Price Prediction 2025
According to our price forecast, MASK could reach $29.65 by 2025, driven by market recovery following the 2024 Bitcoin halving and increased adoption of Web3 utilities. Yet, if demand wanes, MASK may drop as low as $11.95.
Mask Network (MASK) Price Prediction 2026
Per Coin Edition’s projections, market corrections and declining Bitcoin halving hype could push MASK’s value down to $6.52 amid broader crypto retracements. However, MASK could see a high of $12.6 in 2026, supported by sustained community interest.
Mask Network (MASK) Price Prediction 2027
Coin Edition anticipates MASK may hit $27.69 in 2027, benefiting from renewed interest as the 2028 Bitcoin halving approaches. Conversely, if market enthusiasm falters, MASK may revisit support around $10.35 due to uncertain macroeconomic conditions.
Mask Network (MASK) Price Prediction 2028
According to our analysis, MASK could achieve a peak of $59.95 by 2028, fueled by bullish sentiment from Bitcoin’s halving. Yet, economic slowdowns or policy changes might see MASK retreat to a low of $18.72 as volatility persists.
Mask Network (MASK) Price Prediction 2029
With strong community support, MASK might reach $93.66 in 2029 as Web3 gains mainstream traction. However, if competition intensifies or regulatory pressures emerge, MASK’s price may bottom out near $47.34, reflecting investor caution.
Mask Network (MASK) Price Prediction 2030
Per Coin Edition, MASK could surpass its all-time high and touch $122/28 by 2030 as Web3 adoption accelerates and DeFi demand grows. If market conditions turn bearish or speculative demand diminishes, MASK could dip to $75.97, affected by profit-taking and corrections.
Mask Network (MASK) Price Prediction 2040
Looking long-term, MASK may see highs around $380 by 2040, powered by extensive Web3 integration across industries. Alternatively, if the ecosystem faces competitive disruption, MASK’s value may fall to $125, stabilizing within a mature crypto market.
FAQs
Mask Network (MASK) is a browser extension bridging Web2 social media platforms with Web3 features like privacy, decentralization, NFTs, and crypto transactions, empowering users to access decentralized applications (dApps) directly on familiar platforms like Twitter and Facebook.
You can purchase Mask Network (MASK) on major cryptocurrency exchanges such as Binance, Coinbase, and Kraken, using either fiat currency or other cryptocurrencies, depending on the options provided by the exchange.
MASK’s investment potential depends on its market momentum, Web3 adoption, and community support. Recent bullish trends suggest growth potential, though historical volatility highlights the importance of cautious, well-researched investment decisions.
MASK’s all-time high was $97.92 in February 2021, achieved during a strong crypto bull market before it sharply declined due to market corrections and broader volatility.
MASK’s circulating supply is currently 100 million.
Future growth and Web3 demand may help MASK challenge its previous all-time high of $97.92 by 2030, with the potential to peak at $122.28.
MASK’s all-time low was $0.9752, recorded in October 2022, following a period of steep market decline after the initial hype and bull run cooled off.
Mask Network was founded by Suji Yan, who aimed to provide users with privacy-focused, decentralized tools to bridge traditional social media and Web3.
Mask Network was launched in 2019, intending to integrate Web3 functionality into existing Web2 social media platforms, enabling privacy and decentralized finance for a wider audience.
MASK can be stored in compatible wallets, such as MetaMask, Trust Wallet, or hardware wallets like Ledger, ensuring the private keys are secure for maximum asset protection.
MASK could reach $11.95 by 2024 if bullish trends continue; otherwise, it may dip to $1.02 should market sentiment shift or broader corrections occur.
MASK’s price may peak at $29.65 due to post-halving market recovery and Web3 expansion, though it could fall to $11.95 if demand wanes.
In 2026, MASK could hit $12.6 with community interest but may dip to $6.52 as Bitcoin halving hype diminishes and market corrections unfold.
MASK may peak at $27.69 in 2027 with renewed halving anticipation, though it could decline to $10.35 if macroeconomic conditions remain uncertain.
MASK could reach $59.95 following the 2028 Bitcoin halving but may drop to $18.72 if regulatory or economic conditions dampen investor enthusiasm.
With strong community support, MASK might hit $93.66 by 2029, though competitive pressures may see it bottom out at $47.34.
MASK could achieve $122.28 with continued Web3 adoption but could fall to $75.97 if market corrections and profit-taking impact demand.
MASK may peak around $380 in 2040 as Web3 matures, though it could stabilize at $125 if competitive disruptions challenge its position in the crypto market.
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
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